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It?s a tale as old as time ? the days go by slow, but the years go by fast. As I think about wrapping up my first year as Iowa?s State Treasurer, I can attest to its truth. This year has been full of moments I won?t forget ? reuniting an Iowan with $4.5 million, providing eight families (with two more coming up) a boost to their education savings through College Savings Iowa giveaways, announcing IAble reached $20 million in assets, meeting many of you at the Iowa State Fair? the list continues.
I cannot wait to see what we accomplish in 2024, and I am thankful to have you along this journey.
With gratitude,
Roby Smith
Iowa State Treasurer
Help these individuals dash, dance and prance into cash this holiday season by telling them they have unclaimed funds waiting at GreatIowaTreasureHunt.gov!
  Derrick Griswold $282, Allen McCallister $147, Arlene Griswold $1,080, Brandy McCallister $159, Hazel Griswold $119, Donald McCallister $124, Thomas Griswold $304, Marion & Donald McCallister $40,683, James Griswold $100, Charlie Brown $300, Jon Griswold $382, Charles Brown $155, Bartels Rudolph $2,425, Charles Brown I $511, Cory & Holly Rudolph $239, Charles & Doris Brown $173, David Rudolph $400, Charles W Brown $141, Gerzine Rudolph $193, Ralph E Parker $42, Margaret Rudolph, $2,705, Cindy Lou Marek $175, Walker Rudolph $115, Cynthia Lou Ver Huel $375.
 If you or someone you know is living with a disability and receiving federal benefits, the phrase ?spending down? might be all too familiar. This refers to when recipients of Medicaid, Supplemental Security Income (SSI) and other government benefits have to bring their assets below the $2,000 asset cap typically placed on eligibility.
AKA, they have to spend money (sometimes on unnecessary items) in order to maintain crucial benefits.
This is where IAble, Iowa?s ABLE plan, comes in. Assets in an IAble account are disregarded from the $2,000 asset cap, which allows individuals with disabilities to maintain eligibility for government benefits and save their money for important items. Who might be a good fit for IAble? I?m glad you asked! Let?s take a look:
- Individuals who want to receive monetary gifts without risking government benefits.
- Parents who want to plan for their child?s future disability-related expenses.
- Employees with a disability who want to work without worrying about their savings affecting their benefits.
- Any eligible individual with a disability who wants to save for their own financial goals, with or without help.
Sound like you or someone you know? IAble.gov is a helpful tool for learning more about saving options, eligibility, qualified expenses, tax benefits and more. Check it out and share with those around you!
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